United States President Donald Trump announced a major agreement with a Japan-based steel manufacturer involving investments in American manufacturing, which Trump-Loyal Fox News did not show his viewers.
Avid news, Junkies pointed to that Fox News Could not show the president Donald TrumpThe mass demonstration for his ad of steel on Friday. In the meantime, I did it liberal.
Rather, the host Jesse Waters was joking about the 27 -year -old actress, Sydney Sweeney, selling her bathing water. At around 17.40, President Trump went on stage, where he was welcomed by a multitude of roaries full with hundreds of thousands to PittsburghA strength of the North -American steel industry, as shown in CNN and other places.
The rally comes when the White House announced a $ 14 billion commercial agreement with Japan Nippon Steel. Agreement is considered A great victory in the Trump Administration Tariffthat has been Eager to attend to their blue neck base.
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Trump initially said he would block Nippon Steels’s candidacy to buy Pittsburgh-based American steel, but announced last week that Nippon would have “partial property”. However, Trump made it clear that the Pennsylvania company would remain under the control of the United States.
The United States Steel is a critical actor in the country’s automobile and national security manufacturing industries.
The exact details of the arrangement have not been revealed and the United States Steel has not publicly mentioned the agreement at the time of the press.
However, it is understood that Nippon will invest billions in United States steel facilities PennsylvaniaIndiana, Alabama, Arkansas and Minnesota.
To maintain its north -American identity, the company will be supervised by an executive suite and a council consisting mainly of North -Americans.
It will also be protected by the United States government, which will have veto power through a “golden quota”, according to legislators.
The announcement of the agreement comes one week after the Japanese Prime Minister Shigeru Ishiba revealed that he had a telephone call with President Trump, during which the two leaders agreed to have a “productive” conversation about trade.
Japan had been hit by Trump administration devastated 25% rate in automobiles As it houses several important cars, including Honda, Mazda, Nissan and Toyota, they are all main economic engines. While some rates relaxed, others in steel and aluminum were raised.
The Istiba Prime Minister made it clear that the United States would raise every rate against Japan. In return, Japan would reach an agreement that involved investing in the manufacture of the United States.
The Trump administration has maintained that the main purpose of the rates is to return to the manufacture of the United States, as millions of factory jobs have been outdated.
Shortly after the meeting, President Trump threatened to raise the rates to 50% in the European Union to try to get them. Trump puzzled: “There is no rate because what they will do is that they will send their companies to the United States and build their plant.” The EU does not have to answer yet.